Asia: Sawnwood (Non-Coniferous) Market 2024

Sawnwood (Non-Coniferous) Market Size in Asia

The Asian sawnwood (non-coniferous) market contracted modestly to $X in 2022, dropping by X% against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Sawnwood (Non-Coniferous) Production in Asia

In value terms, sawnwood (non-coniferous) production contracted to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Sawnwood (Non-Coniferous) Exports

Exports in Asia

In 2022, shipments abroad of sawnwood (non-coniferous) increased by X% to X cubic meters, rising for the second year in a row after four years of decline. In general, exports, however, continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X cubic meters. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, sawnwood (non-coniferous) exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand was the major exporting country with an export of about X cubic meters, which accounted for X% of total exports. It was distantly followed by Malaysia (X cubic meters) and Lao People's Democratic Republic (X cubic meters), together comprising a X% share of total exports. China (X cubic meters), Myanmar (X cubic meters), Turkey (X cubic meters) and Indonesia (X cubic meters) held a minor share of total exports.

Thailand experienced a relatively flat trend pattern with regard to volume of exports of sawnwood (non-coniferous). At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Myanmar experienced a relatively flat trend pattern. By contrast, Indonesia (X%), China (X%), Malaysia (X%) and Lao People's Democratic Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand and Turkey increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), Malaysia ($X) and Lao People's Democratic Republic ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. China, Myanmar, Indonesia and Turkey lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per cubic meter in 2022, reducing by X% against the previous year. Overall, the export price, however, saw a temperate expansion. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per cubic meter in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per cubic meter), while Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%), while the other leaders experienced more modest paces of growth.

Sawnwood (Non-Coniferous) Imports

Imports in Asia

In 2022, supplies from abroad of sawnwood (non-coniferous) increased by X% to X cubic meters, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sawnwood (non-coniferous) imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China prevails in imports structure, finishing at X cubic meters, which was approx. X% of total imports in 2022. It was distantly followed by Saudi Arabia (X cubic meters), the Philippines (X cubic meters) and Vietnam (X cubic meters), together achieving a X% share of total imports. The following importers - Thailand (X cubic meters), the United Arab Emirates (X cubic meters) and India (X cubic meters) - each amounted to a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sawnwood (non-coniferous) imports into China stood at X%. At the same time, the Philippines (X%), Vietnam (X%), India (X%), Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sawnwood (non-coniferous) in Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in Asia stood at $X per cubic meter in 2022, standing approx. at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the maximum at $X per cubic meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per cubic meter), while Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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